Is a Land Trust Legal in Your State?

Is a Land Trust Legal in Your State?

Just about every week I get a call or email from a student (or prospective student) asking me if it is LEGAL to form a Land Trust in their state?  Oftentimes they have been told by their attorney, accountant, or title company that the use of a Land Trust in their...
Situs and Out-of-State Land Trusts

Situs and Out-of-State Land Trusts

Why do I recommend to my students that they think about situs and out-of-state Land Trusts? In my Land Trusts Made Simple® home study course, I discuss the advantages of using an out-of-state trust to hold the title to the property in your state. Situs refers to the...
Tenancy-by-the-Entirety

Tenancy-by-the-Entirety

In Illinois, Tenancy-by-the Entirety (TBE) is a form of holding title to real estate exclusive to a husband and wife. It can only be used on their personal residence. There is a Big Benefit to using TBE as a method of holding a title. Let me describe it this way. Your...